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Introduction to Management Science, 13thGlobal (Bernard W. Taylor III) (z-lib.org).pdf - Adobe Acrobat Pro DC X File Edit View Window Help Home Tools Document 247

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Introduction to Management Science, 13thGlobal (Bernard W. Taylor III) (z-lib.org).pdf - Adobe Acrobat Pro DC X File Edit View Window Help Home Tools Document 247 (248 of 864) 125% * Sign In E IN OC U U G 6 W W - W H 4 6 6 The school has 20 staff-hours per day available for these training sessions. a. Develop a feasible training schedule for the eight companies. b. Develop a feasible training schedule for the companies that will minimize the weekend training hours (where the weekend includes days 6 and 7). 44. A car manufacturer produces cars in five colors: Red, Green, Blue, White, and Yellow. Only one painting machine is available now for painting cars. The machine must be stopped if the machine is required to use a different color. The time between this change is called change over time which depends on pairs of colors. The change over time in minutes is given in the following table. Colors Red Green Blue White Yellow Red 125 145 170 110 Green 105 75 1 10 125 Blue 155 105 130 130 White 85 105 85 80 Yellow 115 145 120 95 Activate Windows Go to Settings to activate Windows. Type here to search O 22'C Heavy t-storms ~ 9 () ENG 6:34 PM 994 2022-06-16 E1Introduction to Management Science, 13thGlobal (Bernard W. Taylor III) (z-lib.org).pdf - Adobe Acrobat Pro DC X File Edit View Window Help Home Tools Document 248 (249 of 864) 125% * Sign In 248 CHAPTER 5 INTEGER PROGRAMMING The company wants to determine the order in which these colors are to be used by the painting machine to minimize the total change over time. a. Formulate an integer programming model for this problem. b. Solve this model by using the computer. 45. HTM Realty has a storefront rental property in downtown Draperton, a small college town next to the Tech campus. The property encompasses four business spaces that open onto Col- lege Avenue. HTM has a long-term tenant in each space, and their leases are all running out at approximately the same time. HTM wants to significantly increase the rent for each space, and the current tenants have all indicated that they will stay on at a slightly increased rent but not at the rental price that HTM wants. HTM has shopped the spaces around and has gotten commit- ments from four new tenants at the higher rent. However, HTM realizes that there is a very high likelihood that the current tenants will remain in business and pay their rent for a new 3-year lease, whereas there is a much smaller likelihood that the new tenants will be able to stay in business and fulfill their lease payments. The following table shows the current and prospective new tenants for each space, their monthly payments for a 3-year lease, and the probability that each will remain in business: Lease Lease Space Current Tenant Payment Probability New Tenant Payment Probability Doughnut Shop $1,200 .90 Sub Shop $2,400 .50 B Jewelry Store 800 .90 Dress Shop 1,200 .70 C Music Store 1,000 .95 Restaurant 2,000 .40 D Gift & Card Shop 1,100 .95 Tech Logo Store 1,800 .60 Activate Windows Go to Settings to activate Windows. HTM wants to lease each space to businesses that will maximize their expected lease payments. Type here to search O 22C Heavy t-storms ~ 9 () ENG 6:34 PM 99+ 2022-06-16 E1

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